Steno Research Forecasts Stronger Performance for Ether Over Bitcoin in 2025

Ether is projected to surpass $8,000 in 2025, according to a recent report by Steno Research.

The report suggests that Ether (ETH), the second-largest cryptocurrency by market cap, is positioned to outperform Bitcoin (BTC) next year, driven by historical performance trends and potential policy shifts under Donald Trump’s presidency.

Bitcoin is forecasted to reach at least $150,000, up from its current price of around $94,000, while Ether is expected to more than double, climbing above $8,000 from its current $3,400 level.

Steno Research anticipates the Ether-to-Bitcoin (ETH/BTC) ratio to rise to 0.06 within the next 12 months, up from the current 0.0357, reflecting historical market patterns.

“The return of Donald Trump to the presidency could create a favorable environment for altcoins, including Ether, compared to Bitcoin,” said Mads Eberhardt, an analyst at Steno Research.

Additionally, Bitcoin’s market dominance is expected to decline to approximately 45% from its current 56.6%, as investor attention shifts toward altcoins.

The report also projects the total value locked (TVL) in decentralized applications (dApps) to reach a new record of $300 billion in 2025, supporting the case for continued growth in altcoin valuations.

Steno Research highlights the anticipated launch of new cryptocurrency exchange-traded funds (ETFs) in the U.S. as another driver for institutional interest in altcoins.

“We expect 2025 to mark a milestone year for institutional adoption of cryptocurrencies, with altcoins playing a central role in this growth,” the report concluded.